Kaixin Mahua plans to launch an IPO and plans to hire CITIC Construction Investment to provide listing guidance
on January 9, Kaixin Mahua, which has not issued an announcement for four months, announced that the company is prepared to issue shares in an initial public offering and list on the gem at an appropriate time, plans to employ CITIC Construction Capital as an IPO coaching brokerage to conduct listing coaching work, and intends to apply to the agency of the China Securities Regulatory Commission where the company is located for the guidance record.
on January 9, Kaixin Mahua, which has not issued an announcement for four months, announced that the company is preparing to issue shares in an initial public offering and list on the gem at an appropriate time, plans to employ CITIC Construction Capital as an IPO guidance securities firm to conduct listing coaching work, and intends to apply to the agency of the China Securities Regulatory Commission where the company is located for the guidance record.
announcement
However, the final issuance quantity shall be subject to the approval of the competent regulatory authorities such as the China Securities Regulatory Commission.
2015 was a great harvest for Happy Mahua. The first film, "Charlotte annoyance," became a hit, creating a box office myth of more than 1.4 billion yuan. In 2015, Happy Mahua had a blockbuster performance, with revenue of 383 million yuan and a net profit of 131 million yuan.
in 2016, happy mahua was hotly discussed by the market because of two fixed increases of 44 times the price difference. In January 2016, Kaixin Mahua issued 1.52182 million shares at a price of 2.40 yuan per share, which was subscribed by Zhang Chen, chairman and one of the controllers of the company, raising 3.65 million yuan. Less than two months later, Happy Mahua issued another 2.841835 million shares at a price of 106 yuan per share, raising more than 300 million yuan. A total of 11 new investors were introduced, of which Oriental Securities subscribed nearly 50.21 million yuan. Before and after two great span of stock offering price, but also make happy mahua's valuation jumped from more than 100 million yuan to 5 billion yuan.
according to Kaixin Mahua's 2016 semi-annual report, among the company's top three shareholders, the China Cultural Industry Investment Fund holds 45.1029 million shares, with a shareholding ratio of 12.53%, ranking second.
Happy Mahua said that with the continuous improvement of the level of corporate governance, the continuous growth of operating efficiency, and the overall situation of development in the future, the company is preparing to list on the gem at an appropriate time in order to make use of the domestic capital market. Seize the opportunity to carry out a new round of great-leap-forward development.
Edit: nancy